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Buhari Asks Senate To Confirm Yuguda As SEC DG



Zainab Sanni

The President, Muhammadu Buhari has asked the Senate to confirm Lamido Yuguda as the new Director-General of the Securities and Exchange Commission.

Special Assistant on Press to Senate President (Ahmed Lawan), Ezrel Tabiowo, said that Buhari had made the request in writing.

He said this in a statement on Tuesday, noting that three other nominees were put forward by the President for confirmation as commissioners in SEC.

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The nominees include Reginald Karawusa, full-time Commissioner; Ibrahim Boyi, full-time Commissioner; and Obisan Joseph, full-time Commissioner.

The President’s letter read in part, “Pursuant to Section 3 and 5(1) of the Investment and Securities Act 2007, I write to request for confirmation by the Senate, the appointment of the following four nominees as Director-General and Commissioners of the Securities and Exchange Commission (SEC). Their CVs are attached herewith.”

He said his principal read the letter during plenary on Tuesday.

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